Mpac Share Discussion Threads

[disc0dave45] 07/11/2022 19:35

Your post did make me chuckle, so gave it a thumbs up.

[my retirement fund] 01/11/2022 15:52

Following my last post about falling below £3.00 and taking a view. Well, I suspect it may be off to £2.00 soon so will take a view then.

[disc0dave45] 21/9/2022 16:49

Do you work for equity development?

[castleford tiger] 17/9/2022 15:29

i was asking what pmsl .........meant?

As for different opinions i am fine with that.

I genuinely dont know what you were saying

tiger

To clarify the sell at £3
I bought a big lump of trading shares as a short term punt. I declared that at the time and i hold my shares as i feel this is just a bump in the road.

So be fair and do not try to take out of context.

[disc0dave45] 16/9/2022 18:52

Says the chap who didn’t know they will be paying £2.3m pa for their pension liability. Then thinks it’s worth £5 but sells at £3, bought at £3.85, ouch.
Why personal snipes, can’t you handle a different view?…..clearly you can’t.
Filtered

[castleford tiger] 16/9/2022 14:08

pmsl ?? not a clue

[disc0dave45] 15/9/2022 19:16

Pmsl, yeah whatever.

[castleford tiger] 15/9/2022 18:16

disc0dave45

By the time you do the price will be back at a fiver.

If you dont fancy it step aside.

There are plenty already on the dance-floor

tiger

[our haven] 15/9/2022 16:57

6.7x ev FY24 they say is indicative

[our haven] 15/9/2022 16:55

Equity Development say 485 is fair value on today's research note.

[disc0dave45] 15/9/2022 15:19

Good news.....if they can deliver....at decent margin. Still on a very high forward PE of 33x by my calcs, so still don't see any value here in the medium term.

[castleford tiger] 15/9/2022 13:54

handy for the director who added a few days ago eh!

[our haven] 15/9/2022 13:38

This is great news and will be a major boost to the share price.

[bigbigdave] 15/9/2022 13:08

15 September 2022

Mpac Group plc

('Mpac')

Mpac signs framework agreement with FREYR for the supply of automated cell assembly equipment

Mpac Group plc, a global leader in high-speed packaging and automation solutions, announces that it has signed a framework agreement with FREYR Battery ("FREYR"), for an initial three-year period, for the exclusive supply of the casting and unit cell assembly equipment to the battery cell production line at FREYR's Giga Arctic factory in Norway.

FREYR is a developer of clean, next-generation battery cell production capacity, incorporating 24M Technologies ("24M") SemiSolid lithium-ion battery platform technology. Mpac was prequalified to participate in the competitive tender for the framework agreement following several years of cooperation with 24M on industrialising and scaling battery cell assembly. Mpac will leverage 24M's innovative battery casting technology and in-house expertise and experience in automation and mass production systems to construct and install the equipment.

Previously Mpac was awarded the contract to design and build the development line for FREYR's Customer Qualification Plant (CQP) in July 2021 and this project remains on schedule for shipment in December 2022.

Tony Steels, Chief Executive at Mpac Group plc, commented:

"We have worked closely and effectively with FREYR since being awarded the contract for the development line and I am delighted that our partnership with FREYR has developed into the award of an exclusive agreement to build the first series of production lines for their Gigafactory in Mo I Rana, Norway. I am excited about the opportunity to establish Mpac as a market leading provider of automation equipment to the clean energy sector and to support FREYR in achieving their ambitious growth plans for a more sustainable future."

[our haven] 09/9/2022 15:27

Always nice to see director buying, 18k is a decent commitment and a sign of confidence in MPAC

[disc0dave45] 08/9/2022 14:59

They said that in July and gross profit margin has crashed, from 33% to 21%
Operating profit margin reduced from 10.9% to 2.4%
Underlying pbt margin reduced from 10.6% to 2.2%
If that’s working on improving margins then hate to think what they’d be if they did nowt.

[disc0dave45] 08/9/2022 14:47

No typo, misinterpreted :)

[castleford tiger] 08/9/2022 14:43

ah thanks a typo.

There were some write off in first half and it does say that action on margins had been taken.
Pleased i sold my trading stock

[disc0dave45] 08/9/2022 14:22

H1 £50.6 + H2 £44.6 = £95.2 consensus f/cast for year

[castleford tiger] 08/9/2022 13:37

Consensus f/cast Rev H2 is less than H1 at £44.6m (£95.2m for the year)

if h2 is less how do we get to 95.2 m?

tiger

[my retirement fund] 08/9/2022 13:06

The proposed Freyer work is something they are not familiar with, a very left field contract for them, can they handle it and if they can, can they do it profitably ? hmmmm